Org.nr 976 052 560 2010 → 2011 Year-over-year analysis

ABICON ELEKTRO AS: årsregnskap 2011 vs 2010

Shrank 6% on revenue

approved 2012-05-22; registry 2012-08-28; journal 2012 655655

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABICON ELEKTRO AS. Revenue 78.99m NOK → 74.17m NOK (-6.1%). Equity 12.03m NOK → 13.91m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABICON ELEKTRO AS.

At a glance

Revenue

78.99m NOK 74.17m NOK

-6.1%

Operating result

+7.80m NOK +7.52m NOK

-3.6%

Net result

+5.63m NOK n/m

—

Equity

12.03m NOK 13.91m NOK

+15.6%

Cash

5.54m NOK 8.68m NOK

+56.5%

Total assets

37.44m NOK 38.35m NOK

+2.4%

↑
Equity strengthened

Book equity 12.03m NOK → 13.91m NOK (equity ratio 32.1% → 36.3%). Calculated
↑
Cash rose

Bank deposits 5.54m NOK → 8.68m NOK (+56.5% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 78.99m NOK to 74.17m NOK (-6.1% YoY). Calculated
↓
Operating result weakened

Operating result +7.80m NOK → +7.52m NOK (op. margin 9.9% → 10.1%). Calculated

·
COGS fell

COGS / varekostnad 25.37m NOK → 20.83m NOK (-17.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.76m NOK → 1.68m NOK. Reported fact